Mayor Emanuel delivered his view of Chicago’s fiscal future Wednesday: He presented his 2012 budget to Chicago’s City Council. In order to close a deficit expected to run over $600 million, the mayor utilized a number of different tactics. He did not propose a raise in property or income taxes but, the rate for downtown parking, water, and in some cases, vehicle stickers would increase. And under the budget, some things could go away—more than 500 city workers might receive pink slips, three police districts were slated to close and library hours could be reduced. Eight Forty-Eight wondered if the proposals could make a dent in Chicago’s chronic deficit scenario—could they pull the city out of its dire financial state? And moreover, will aldermen pass the budget? To find out, Eight Forty-Eight turned to Ald. Patrick O’Connor (40th).

A note – Eight Forty-Eight invited Mayor Emanuel to join the conversation but his office said he wasn’t available. The show also reached out to budget director Alexandra Holt but did not hear back about her availability.

Music Button: Mike Reed’s People Places and Things, “It’s Enough”, from the album About Us, (482 Music)